All IPE articles in November 2002 (Magazine) – Page 2

  • Features

    Portugal goes on hold

    November 2002 (Magazine)

    The start of the year in Portugal was marked by political uncertainties marked by the resignation of prime minister António Guterres following local election defeats. This, added to the disappointing performance in the financial markets and the unhealthy Portuguese economy, has resulted in a difficult period for the development of ...

  • Features

    Going regional to go global

    November 2002 (Magazine)

    Recently, Angelien Kemna took the paradoxical step at ING Investment Management of changing her role from global CIO to that of European CIO and at the same time CEO, sharing the rest of the globe with her opposite numbers in the US and Asia-Pacific. A move made so the group, ...

  • Features

    IMF gives reforms thumbs up

    November 2002 (Magazine)

  • Features

    Getting a grip on markets

    November 2002 (Magazine)

    Rick Lacaille, head of the structured product group at State Street Global Advisors is optimistic about the long-term growth prospects for indexing across the Europe – despite the current market turmoil. For Lacaille, the gradual shift by European pension funds from fixed income into equity is part of the same ...

  • Features

    Tasters of world fund styles

    November 2002 (Magazine)

    o The Merrill Lynch Global Equity Fund currently has more than half of its $302.3m in assets invested in US stocks. But because the fund takes a bottom-up approach to stock selection, says Graham Bamping, retail investment director at Merrill Lynch Investment Management, geographical distribution is not the driving force ...

  • Features

    Foundation of future strategies

    November 2002 (Magazine)

    The growth of securities indexing has been one of the most significant investment trends over the past decade. In times of bear markets its value is regularly questioned, but indexation has an established place in institutional investment and continues to develop as a tool for investors. So what has been ...

  • Features

    Spain 'slow for foreigners'

    November 2002 (Magazine)

  • Features

    Expectations management

    November 2002 (Magazine)

    There’s nothing wrong with pension funds per se, according to EFRP chairman Alan Pickering, rather it’s our outdated expectations of what they ought to deliver. Falling markets, increasing longevity, lower birth rates and annuity level have done no more than show the unsustainability of retirement levels. “People around the world ...

  • Features

    Islamic range to expand

    November 2002 (Magazine)

  • Features

    Where everyone wants to go

    November 2002 (Magazine)

  • Features

    Euro-zone could be weakest link

    November 2002 (Magazine)

    Historically, there has been a rather close relationship between the relative performance of US equities against bonds and the year on year change of the OECD leading indicator. This should not come as a surprise because, after all, the behaviour of investors is, to some extent, a function of their ...

  • Features

    Where ETFs fit portfolios

    November 2002 (Magazine)

    Exchange-traded funds have been one of the success stories of the last decade. These neatly packaged products, which give the performance of an entire index in a single stock, have grown in popularity with retail and institutional investors alike since they came into existence. Like an index fund, they give ...

  • Features

    Factors in global equity success

    November 2002 (Magazine)

    Experience and a pragmatic approach are the critical factors in boosting relative performance for global equity managers according to the latest analysis of offshore based funds, published by Standard & Poor’s Fund Research. In the current bear market, few global equities fund managers have experienced such a protracted recession. Long ...

  • Features

    Shunning equities

    November 2002 (Magazine)

  • Features

    Emerging firms find favour

    November 2002 (Magazine)

  • Features

    Dublin surge

    November 2002 (Magazine)

    Assets in alternative investment funds domiciled in Dublin have increased to $10.8bn from $3.1bn one year ago, according to investment fund research company Fitzrovia International. Fitzrovia highlights the attraction of Dublin as a centre for cash funds with fund assets rising by 60% to $117.3 bn from $73.2bn one year ...

  • Features

    Turning down the volume

    November 2002 (Magazine)

    Pension funds and their consultants are wary of hedge funds, largely because they cannot pigeonhole them into any of the traditional asset classes, and therefore find them difficult to benchmark. As a result, they have tended to approach them through the multi-manager route, rather than directly. By apportioning a mandate ...

  • Features

    Deutsche sells passive to NT

    November 2002 (Magazine)

  • Features

    US funds plunge into deficit

    November 2002 (Magazine)

  • Features

    Why UK is in crisis

    November 2002 (Magazine)